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Family Dollar 2594 Main St 8,137 SF Retail Building Springfield, MA 01107 $1,976,495 ($242.90/SF) 8.45% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 2018 build-to-suit construction for Family Dollar
  • 10% rental increase in October, 2028, and in all six option periods
  • Located on Main St and ±1 Mile from Downtown Springfield, MA
  • Absolute NNN lease with zero landlord responsibilities
  • Corporately guaranteed lease from Family Dollar Corporation
  • ±5-mile population in excess of 227,108 residents

EXECUTIVE SUMMARY

Kyle Matthews
License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,137 SF
Building Class
B
Year Built
2018
Price
$1,976,495
Price Per SF
$242.90
Cap Rate
8.45%
NOI
$167,014
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.03 AC
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bank of America
Starbucks
The YMCA
Rent-A-Center
Community Bank, N.A.
Big Y
Chase
TD Bank
KeyBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SPRI-008130-000000-000247
Land Assessment
$259,800
Improvements Assessment
$1,525,800
Total Assessment
$1,785,600
  • Listing ID: 38804309

  • Date on Market: 12/17/2025

  • Last Updated:

  • Address: 2594 Main St, Springfield, MA 01107

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